River Park

Posted: 2/25/2019
192 Units
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About

About River Park

The Cushman & Wakefield Southeast Multifamily Advisory Group and Larry G. Schedler & Associates, Inc. are pleased to present the exclusive listing of the 192-unit River Park apartment community located in McComb, MS. McComb, located along I-55 and centralized amongst key MSAs, is a budding regional retail hub with nearly 2 million square feet and major big box stores. River Park is part of an upcoming major mixeduse project that is taking shape at the I-55/Hwy-98 interchange, which will feature grocery, retail, office, and flex space. Built and delivered in late 2015, the subject property offers a Class A asset below replacement cost with an outstanding collections trend. The next investor will also benefit from long-term HUD debt that will boost cash-on-cash returns.